Placerville Self Storage Asset Sells for $10.2MM

Placerville, Goldkey Self Storage, 4040 Stage Ct., Marcus & Millichap
Courtesy of Marcus & Millichap

Placerville, CA., October 27, 2021 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of the Goldkey Self Storage in Placerville, California.

Christopher R. Secreto, Senior Managing Director Investments in the firm’s Seattle office and an Executive Director of the firm’s Self-Storage Division, represented the buyer in this off-market transaction.  Secreto was assisted by Daniel Kapic with the transaction.

Goldkey Self Storage is located at 4040 Stage Ct, Placerville, California. The Facility was built in 1979 and consists of 588 self-storage units and 119,180 net rentable square feet. The site is 8.34 acres combined. 

About Marcus & Millichap (NYSE: MMI)

With nearly 2,000 investment sales and financing professionals located throughout the United States and Canada, Marcus & Millichap is a leading specialist in commercial real estate investment sales, financing, research and advisory services. Founded in 1971, the firm closed over 9,276 transactions in 2019 with a sales volume of approximately $50 billion. Marcus & Millichap has perfected a powerful system for marketing properties that combines investment specialization, local market expertise, the industry’s most comprehensive research, state-of-the-art technology, and relationships with the largest pool of qualified investors.

West Coast Commercial Real Estate News